Yeah, that's demand response.
Bitcoin miners are the key players innovating in that space right now. It's something that can very easily be packaged up in portable containers. I believe Chinese miners for years had a yearly migration to soak up massive amounts of excess hydro power during the rainy season that would have been otherwise wasted.
There might be a place for more generic computation datacenters, but they would have to find a relatively unique customer that has compute loads that can be turned off and on at a moment's notice, and potentially be down for days, weeks, and even months. There's probably a startup to be founded here, if you can figure out how to severely undercut equivalent AWS services to justify the lack of uptime guarantees.
I don't know enough about hydrogen production to know if it can be quickly spun up/down to suck up variable load. I imagine gas transport infrastructure is going to be the biggest blocker.